Prabhudas Lilladher has released its fourth-quarter profit forecasts for the banking industry (January-MMarch 23). The brokerage expects DCB Bank’s net profit to be Rs. 127.3 crore, up 12.2% year over year (up 11.8% quarter over quarter).
According to Prabhudas Lilladher, net interest income (NII) would rise by 27.8 percent year on year (up 9 percent quarter on quarter) to Rs. 486.4 crore.
Pre-Provision Operating Profit (PPOP) is expected to increase by 0.6% year on year (up 14.5% quarter on quarter) to Rs. 222.2 crore.
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